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 Replies: 255 / Views: 23,810 |
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Forum Dad
 United States
24175 Posts |
Better have been secure service for $250.
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Valued Member
United States
108 Posts |
Quote:
OK, just got news the coin grade as-PCGS encapsulated the coin, Cert #28757_ _ _, "1806 $5 Round 6 7X6 Stars" and says "Genuine UNC Details (98 - damage). The reverse of the "slab" will say "Genuine Not Gradable". Can anyone tell me what they think this may mean as far as value ? I should have it back next week I found the coin on PCGS cert. Looking good   There isn't any reason to hide the cert number is there? Edited by WheatHunter
11/23/2015 2:06 pm
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Valued Member
 United States
61 Posts |
I thought I don't provide the certificate number until I have the coin back ? Does it give details about it, my guy said they said not gradable due to damage with uncirculated details ?
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Valued Member
United States
61 Posts |
I'm not a member of PCGS, can't see anything on my coin ? Can someone give opinion- is it worth getting restored, would value be more or same ?
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Pillar of the Community
United States
6370 Posts |
You're best leaving it is-is.
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Bedrock of the Community
United States
10982 Posts |
Quote:
I'm not a member of PCGS, can't see anything on my coin ? Can someone give opinion- is it worth getting restored, would value be more or same ? You should not need a PCGS Membership to view the hi-res images in this link: http://www.PCGS.com/cert/28757267 . This rim damage at 7:00 obverse is the damage and it is not worth getting it restored as that would mean "Repaired" instead of "Damaged" with no gain in value. Early Bust U.S. gold coinage is always in high demand. The damage here is not terribly distracting and I believe this coin could bring $6,000 to $8,000 retail if the coin market was better these days. As it is a $4,000 to $5,000 estimate seems more realistic. Be careful handling the plastic slab and keep it in a cloth bag or plastic sleeve to avoid scratches. |
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Valued Member
United States
118 Posts |
Joe Smith related or not I'd have done back flips all the way home after digging a coin like that then slept with it under my pillow for at least a week! I've been digging for 25 years and never found a gold coin on American soil. I go detecting a lot and mostly at places with potential to produce pre-1865 coins and artifacts. Some days I will dig 100 holes so lets say I average 3 holes a day per year 333 days out of the year comes to 1000 holes per year times 25 = 25000 holes. Realistically I'd say to at least double that number but that's still a lot of holes and no gold coins! I have dug around 400 King George 1 2 & 3 1/2 pennies, 30-40 Connecticut coppers, almost every year large cent and Indian Head cent, fifty or so Mexican reals etc... so I do understand the skepticism about finding such a coin but people used them and no doubt a few were lost so I'm leaning towards being a believer. Congrats on an amazing recovery Dignit and yes I'm a bit jelly |
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Valued Member
United States
61 Posts |
Thank you, I'm going back there with my new huge Nel Attack coil
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Pillar of the Community
United States
7630 Posts |
The coin is damaged, the gouge in the rim isn't going to magically go away by talking about it. Yes, you can get it repaired but it is what it is and it will always be a "problem" coin. A repair will not enhance the value of the coin but will alter the surfaces due to the heat used to fix the coin when adding gold. The gouge will go away, but the surfaces will then be altered. It is a trade off, like everything.
I estimated the coin's wholesale value at between 2500 and 3500 $ as it currently stands in a PCGS holder in the current market. Others have said 4000 to 5000$. 10000 to 15000 $ is a pipe dream and ain't gonna happen. There are auction opportunities in the market place, and if you like to gamble, then go that route.
You said you have been offered 5K$ from a dealer. Better keep his number on speed dial!
Good luck what ever you decide.
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Pillar of the Community
United States
1315 Posts |
Congratulations again dignit on a spectacular find, and a tip for those eating crow over this coin, it taste best with a glass of Cabernet sauvignon. There's one particular bitter individual on this site, I'm going to mention his name, since he is a pillar of the community, that's having a real difficult time swallowing the fact that you found a terrific piece of history. Who cares what it's value is, it's the find of your lifetime maybe? Wishing you and your family a blessed Thanksgiving.
Regards,
Ron
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Valued Member
United States
61 Posts |
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Bedrock of the Community
United States
94367 Posts |
Well done.  Edited by Coinfrog
11/24/2015 7:53 pm
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Pillar of the Community
United States
4963 Posts |
Well, congratulations! I think you got a great deal on this one. It's strap searching & VAMming time!
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Pillar of the Community
United States
4469 Posts |
Congratulations. You made a good deal. I looked today at the Heritage realized prices and your details coin should have sold in the 7K range, but there would be selling fees removed from the 7K.
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Pillar of the Community
United States
7390 Posts |
Nice. See, the crazier the story the more it turns our to be true. If you don't look like a crazy detectorist that scored and if he dosent look like a very happy numismatic businessman then I need to stop reading people. Notice how he's looking at the coins reverse on the photo. Total coin guy! Congrats man  Edited by Cascade
11/24/2015 8:27 pm
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Replies: 255 / Views: 23,810 |
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Posted 11/23/2015 1:47 pm
